Tag: dodla dairy

The markets in India traded flat with a positive bias in early deals today (28th June 2021)amid cautious trade in Asian markets. The S&P BSE Sensex traded around the 53,000-mark and the Nifty50 index topped the 15,900-mark. Dr. Reddy's, NTPC, and Asian Paints were the top Sensex gainers, while Titan and TCS were the top drags. Majority of the Nifty sectoral indices traded in the green, led by the Nifty PSU Bank index, up 1.8 percent. The S&P BSE MidCap and SmallCap indices were up 0.1 percent and 0.4 percent in the broader markets, respectively. Dodla Dairy and Krishna Institute of Medical Sciences will list on the bourses today The two IPOs that ran between June 16-18 were subscribed 46 times and 4 times, respectively. Around 300 companies are slated to post their quarterly numbers today including NALCO, Future Lifestyle, Zee Media, GIC Housing Finance, and NLC India. Read more

Four deals worth a cumulative Rs 4,000 crore is expected to hit the market over the next 3-5 weeks, said investment banking sources. Shyam Metalics, Dodla Dairy, Krishna Institute of Medical Sciences (KIMS) Hospitals, and Clean Science and Technology are among the companies planning to tap the market. While the recent volatility in the secondary markets is a concern, experts believe the sentiment towards IPOs is still buoyant. Bankers said many new investors had taken a liking to IPOs — a big confidence booster for issuers. “The immediate volatility is not a concern. People are factoring in the next financial year numbers. Investors expect the next year to be normal and growth-oriented, giving comfort to issuers,” said Ajay Saraf, executive director, ICICI Securities. Read more